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HMRC

HMRC not doing enough to tackle tax fraud

Tax & Regulation | 15 Apr 16

HMRC not doing enough to tackle tax fraud

HM Revenue & Customs has been accused of not doing enough to tackle tax fraud and making “only limited progress” in reducing the UK’s tax losses, according to the House of Commons’ Public Accounts Committee (PAC).

Celebs face £635m tax bill as Supreme Court rejects appeal

Products | 14 Apr 16

Celebs face £635m tax bill as Supreme Court rejects appeal

Celebrity investors in a film scheme involving the distribution rights to two Disney films face a combined tax bill worth over £600m ($845m, €754m) after the Supreme Court rejected its final appeal against HM Revenue & Customs (HMRC) over £117m the scheme received in tax relief.

HMRC set for Supreme Court fight over film scheme

Tax & Regulation | 12 Apr 16

HMRC set for Supreme Court fight over film scheme

A film scheme involving the distribution rights to two Disney films is taking HM Revenue & Customs to the UK Supreme Court to defend the £117m ($166m, €145.5m) it received in tax relief.

HMRC bags record £4bn in IHT

Tax & Regulation | 5 Apr 16

HMRC bags record £4bn in IHT

HM Revenue and Customs (HMRC) has raised more than £4bn ($5.7bn, €5bn) in revenues from inheritance tax (IHT) for the first time in its history, according to the latest figures published by the UK tax office.

HMRC crackdown nets big CGT haul

Tax & Regulation | 4 Apr 16

HMRC crackdown nets big CGT haul

HM Revenue & Customs (HMRC) has collected more than £150m ($213m, €188m) following a crackdown on unpaid capital gains tax (CGT) over the past 12 months.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.